Volve

Volve is an AI-driven document intelligence platform founded in February 2024 by co-founder/CEO Herman B. Smith, addressing a critical inefficiency in construction project management: 80% of construction project data lives in unstructured documents (RFPs, bids, contracts, specifications, correspondence), and project teams spend 20% of their time searching for necessary information. Volve transforms unstructured construction documents into actionable insights within minutes using advanced AI technologies including retrieval-augmented generation (RAG) and natural language processing (NLP). The platform enables users to upload documents in PDF and DOCX formats, then interact with them through Volve Evaluate, an intuitive chatbot interface for seamless exploration. Users can ask natural language questions, extract critical information, identify inconsistencies and risks, and generate detailed, exportable reports tailored to project needs. The AI-powered analysis quickly identifies essential issues and key information in RFPs, bids, contracts, and other documents without extensive manual review. Teams report cutting document review time by over 50%. Volve is designed for construction professionals including contractors, developers, and project managers navigating complex procurement and contract processes. The platform supports multiple languages, processing documents in their original language and providing output in preferred languages. Built and trained on real construction workflows and terminology, Volve scales from evaluating a few to dozens of documents. The company is based in Oslo, Norway, with UK operations, positioning it for global construction market expansion. Volve addresses the time-intensive process of tender and contract evaluation, reducing uncertainty and enabling more confident, strategic project decisions.